ÁKK sells HUF 44.5 bln of floaters at auction

Debt

The Government Debt Management Agency (ÁKK) sold HUF 44.5 bln of floating-rate bonds at an auction on Thursday, a fraction more than planned.

ÁKK sold HUF 23 bln of 2017/C bonds, lowering its original offer by HUF 7 bln after primary dealers bid for just HUF 32.1 bln. But it raised the offer for the 2019/B bonds by HUF 6.5 bln to HUF 21.5 bln on bids of HUF 50.9 bln.

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